3535 Rock RdWichita, KS 67226
- Retail space
- 23,504 SF
Property Details for 3535 Rock Rd
- Year built
- 1994
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.54 AC
- Property size (Sq ft)
- 23,504 SF
- Property type
- Retail space
- APN
- 087-109-31-0-14-03-009.01
- APU
- 87109310140300901
Description
This exceptional retail and industrial property, located at 3535 N Rock Rd, Wichita, KS 67226, offers a prime big-box location with significant potential. The 90,000 square foot warehouse boasts a multi-tenant configuration, currently featuring one available space of 40,000 square feet. The building includes two dock-high doors, ensuring efficient loading and unloading operations. Ample parking is available for both employees and customers. The property benefits from approximately 160 feet of prominent store frontage, maximizing visibility and attracting significant foot traffic. Long-term, established neighboring tenants provide a stable and desirable environment. Its strategic location provides excellent access to K-96 highway, offering unparalleled accessibility to the entire Wichita metropolitan area, with a drive time of under 15 minutes to virtually any point within the city. This presents a unique opportunity for businesses seeking a high-visibility, easily accessible location with substantial warehouse space in a thriving market. The property's size, features, and location combine to create a compelling investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,971,034
- 6.5%
- $5,511,724
- 7%
- $5,118,029
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,392,358
- Geo Method
- $5,392,358
-
Alternative Use
- Use
- Valuation
- Residential
- $4,649,345
- Hospitality
- $4,258,775
- Educational
- $3,543,251
- Medical
- $3,665,109
- Retail
- $5,511,724
Location Insight
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Latitude
- 37.7473
- Longitude
- -97.2473
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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